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SHLS Stock Chart & Stats
$6.89
>-$0.01(-0.05%)
At close: 4:00 PM EDT
$6.89
>-$0.01(-0.05%)
Day’s Range― - ―
52-Week Range$5.43 - $13.18
Previous Close$9.4
Volume4.02M
Average Volume (3M)4.45M
Market Cap
$1.36B
Enterprise Value$1.90K
Total Cash (Recent Filing)$15.72M
Total Debt (Recent Filing)$233.81M
Price to Earnings (P/E)43.1
Beta0.91
Next Earnings
Nov 10, 2026EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding168,299,960
10 Day Avg. Volume4,212,722
30 Day Avg. Volume4,450,335
Financial Highlights & Ratios
PEG Ratio0.99
Price to Book (P/B)2.37
Price to Sales (P/S)2.99
P/FCF Ratio-88.99
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.77Price Target Upside70.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)0.43
Revenue Forecast (FY)$628.11M
Bulls Say, Bears Say
Bulls Say
Backlog VisibilityThe record backlog and substantial scheduled shipments provide meaningful revenue visibility beyond a single quarter. This supports production planning, improves confidence in near-term demand, and gives Shoals a durable base from which to scale operations and convert bookings into sales.
Revenue And Earnings GrowthStrong reported growth combined with reaffirmed full-year guidance indicates that demand is translating into realized revenue rather than remaining only in the pipeline. Continued expansion can improve operating leverage, strengthen customer relationships, and support higher earnings capacity over coming quarters.
Business DiversificationGrowth in BESS, OEM, and international activity broadens Shoals’ opportunity set beyond its established solar customer base. Diversification can reduce reliance on one application or geography, increase addressable demand, and create additional channels for long-term revenue expansion.
Bears Say
Weak Cash ConversionNegative operating and free cash flow despite positive net income shows that accounting earnings are not currently converting efficiently into cash. If this persists, Shoals may have less internally generated funding for investment, debt reduction, and working-capital needs.
Margin And Profitability CompressionThe decline in net margin and moderate return on equity indicate that profitability has not kept pace with the expanding capital base. Sustained compression would reduce earnings resilience, limit the benefit of revenue growth, and make future performance more dependent on successful productivity improvements.
Higher Leverage And Limited Cash BufferHigher net debt and a relatively small cash balance reduce financial flexibility compared with a more lightly leveraged position. This can constrain capital allocation and increase sensitivity to execution setbacks, especially while Shoals is funding growth and managing operational investment.
Shoals Technologies Group News
SHLS FAQ
What was Shoals Technologies Group’s price range in the past 12 months?
Shoals Technologies Group lowest stock price was $5.43 and its highest was $13.18 in the past 12 months.
What is Shoals Technologies Group’s market cap?
Shoals Technologies Group’s market cap is $1.36B.
When is Shoals Technologies Group’s upcoming earnings report date?
Shoals Technologies Group’s upcoming earnings report date is Nov 10, 2026 which is in 39 days.
How were Shoals Technologies Group’s earnings last quarter?
Shoals Technologies Group released its earnings results on Aug 04, 2026. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.098 by $0.022.
Is Shoals Technologies Group overvalued?
According to Wall Street analysts Shoals Technologies Group’s price is currently Undervalued.
Does Shoals Technologies Group pay dividends?
Shoals Technologies Group does not currently pay dividends.
What is Shoals Technologies Group’s EPS estimate?
Shoals Technologies Group’s EPS estimate is 0.12.
How many shares outstanding does Shoals Technologies Group have?
Shoals Technologies Group has 168,299,960 shares outstanding.
What happened to Shoals Technologies Group’s price movement after its last earnings report?
Shoals Technologies Group reported an EPS of $0.12 in its last earnings report, beating expectations of $0.098. Following the earnings report the stock price went down -1.601%.
Which hedge fund is a major shareholder of Shoals Technologies Group?
Currently, no hedge funds are holding shares in SHLS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Shoals Technologies Group Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.77 (70.87% Upside)
$11.77 (70.87% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 67%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 5.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.9%
Last 30 Days >0.1%
Last 30 Days >0.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.52%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
27.92%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Shoals Technologies Group
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
SHLS Company Deck
SHLS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong operational and commercial momentum: revenue grew ~47% YoY, backlog reached a record $801M, adjusted EBITDA and adjusted net income increased materially, SG&A efficiency improved, and strategic partnerships (TerraFlow, ON.energy) and product innovation (AirLink, BESS) position the company for further diversification. Near-term challenges include higher net debt, ongoing factory consolidation with associated short-term inefficiencies, an upcoming district court trial-related expense in Q3, and some timing/seasonality risks that could shift revenue between quarters. Overall, the positive growth, margin progress, record backlog, and strategic wins outweigh the near-term operational and legal headwinds.View all SHLS earnings summariesSHLS Stock 12 Month Forecast
Average Price Target
$11.77
▲(70.87% Upside)
Technical Analysis
Ownership Overview
1.94% Insiders
26.69% Mutual Funds
25.16% Other Institutional Investors
11.86% Public Companies and
Individual Investors